2024-06-22 09:17:00 ET
Artificial intelligence (AI) is the hottest theme in the technology realm right now. Indeed, megacap behemoths such as the " Magnificent Seven " are innovating at light-speed paces and investors can't seem to get enough.
Beyond the biggest of the big tech players, numerous other enterprise software businesses have garnered Wall Street's interest. Salesforce.com (NYSE: CRM) makes for one of the most interesting case studies as it relates to AI software.
With shares down roughly 12% year to date, Salesforce is drastically underperforming the Nasdaq Composite and S&P 500 indexes. Nevertheless, I see the company as a compelling investment opportunity, and I think shares are dirt cheap.
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1 Ridiculously Cheap Artificial Intelligence (AI) Growth Stock to Buy Hand Over Fist Right Now